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Progress In Human Development: Are We On The Right Path, Hippu Sk Nathan, Srijit Mishra Sep 2010

Progress In Human Development: Are We On The Right Path, Hippu Sk Nathan, Srijit Mishra

Srijit Mishra

The conventional measure of Human Development Index (HDI) is a linear average across dimensions, HDI1. Under this, poor attainments in any dimension gets perfectly compensated for better attainments in any other dimension HDI2, which is based on Euclidean distance measuring shortfall from the ideal, addresses the above anomaly. In our analysis of progress, we use HDI2 to develop the notion of an ideal path and penalty to capture deviation from this; and a measure of fluctuation. The measures are applied to 127 countries for the period 1990-2004. The results show that Sub-Saharan countries have suffered on account of sharp decline …


Editorial: Emerging Issues In Developmental And Sectoral Performance - The Indian Experience, Sushanta Mallick, Srijit Mishra Sep 2010

Editorial: Emerging Issues In Developmental And Sectoral Performance - The Indian Experience, Sushanta Mallick, Srijit Mishra

Srijit Mishra

The selected six papers focused on different aspects of development policy. The aim is to put together diverse development issues and their implications in different segments of an economy, which are critical issues for low- and middle-income countries in a globalised financial system that places high risk for greater capital mobility into these countries. This special issue focuses on different structural aspects that can give rise to varying degrees of country-specific risks. While the first two papers investigate challenges facing development or improvement in standard of living, the next two papers focus on labour market reform and trade liberalisation in …


Nutrient Based Subsidy (Nbs) & Support Systems For Ecological Fertilization In Indian Agriculture, Srijit Mishra, Gopikrishna Sr Jan 2010

Nutrient Based Subsidy (Nbs) & Support Systems For Ecological Fertilization In Indian Agriculture, Srijit Mishra, Gopikrishna Sr

Srijit Mishra

The intensive agriculture model was introduced in India in the 1960s as part of the Green Revolution. This brought in a package which included massive irrigation projects, new high yielding input responsive varieties and chemical fertilizers. Initially, it did increase production. But now, the food production is stagnating and one has been observing diminishing returns and falling dividends, especially in the agriculture intensiveareas of the country.

The chemical and synthetic fertilizers, particularly Nitrogen, Phosphorous and Potassium (NPK), are highly subsidized. The amount of subsidy on this has grown exponentially during the last three decades from a mere Rs. 60 crore …